Precium foundation

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About

About

Hybrid Blockchain

- A hybrid blockchain that combines the advantages of the public and private blockchains.

- An Onyx Chain which has been developed in Precium will be aimed at maintaining the safety of the
public blockchain, high trandsaction rate and scalability of the private blockchain.

Design Contract and Get Rewarded

- Anyone can create the codes for the terms of smart contract in Precium platform.- The contract terms go through a validation process and can be uploaded to the platform.- If platform users use the template to create a smart contract, the Onyx coins are dispensed to the
corresponding template creator as compensation.

Easy & Secure smart contract

- The platform users can easily make the smart contract by combining the validated contract terms.

- The Onyx chain which has highly efficient structure for using smart contracts supports Precium
platform.

Fast & Scalable

- The Onyx chain employs a new consensus protocol which is optimized for hybrid blockchain to
preserves blockchain’s transparency while enjoying a high transaction rate and high scalability.

Oracle Ecosystem

- Oracle technology supports bringing external information onto the blockchain and determine whether
or not a certain smart contract’s conditions have been fulfilled.- To increase reliability and provide developers with optimized APIs, Precium consistently seeks to
partner with organizations and research institutes that develop the APIs that provide external information to
Oracles.

BUSINESS

BUSINESS

01 Precium Platform

The Precium platform is a smart contract platform based on Onyx Chain, a Hybrid blockchain
that combines the advantages of a Private blockchain with a Public blockchain. There are two parties involved
in the Precium Platform, the Contract Users and the Contract Creators. Contract Creators provide
a validated contract conditions or templates to Contract Users, and Contract Users can build a new Smart
Contract in the Onyx chain using the conditions provided by the Contract Creators. In this process, the
Contract Creators are rewarded for every time whenever the contract conditions are used. In addition, Precium
Platform provides a secure and versatile form of smart contract for contract users by building a reliable Oracle
solution that connects on-chain and off-chain.

02 The Onyx Chain

Onyx Chain of Precium Platform is a Hybrid Blockchain in which each private block is attached
to a public block chain. The content in the public block is freely available to all nodes participating in the
Onyx chain. A private block is associated with a public block having its own hash value, and only the node
which is directly related to the public block can view the corresponding private block. In addition, private
blocks can access to external information on the Onyx Chain through Oracle technology and build smart contracts
based on them.

03 Oracle

Oracle is a technology that imports information on a blockchain from off-chain network into an
on-chain network. In other words, Smart Contracts within a blockchain network will be able to collect
information from outside of the blockchain through Oracle and use this information to determine whether the
contract’s conditions are fulfilled. Therefore, the information that comes into the block chain through Oracle
is directly linked to the reliability of the smart contract. Precium Foundation is working with institutions
and laboratories to prepare a reliable Oracle API configuration, and is planning to make more partnerships as
the usage contract expands. We will also reward for the usage of partner’s API on the platform. This will allow
everyone to receive reliable information and expect healthy development of the Oracle ecosystem.

04 Token Economy

Precium’s token economy consists of Precium tokens (PCM) and Onyx coins (ONX). PCM is based on
ERC20, a token standard that ensures the compatibility of tokens that can be distributed over the Ethereum
network. This means that PCM will be interoperable with a number of use cases and will be used in a variety of
projects to vitalize the Precium platform. ONX is the key currency of the Precium platform; it is
a stablecoin pegged at one U.S. dollar. On the Precium platform, ONX is used in Onyx chain smart contracts and
as compensation for Contract Creators and Oracle API providers. Additionally, PCM can be exchanged with ONX on
the Precium platform; their exchange rate depends on the external trade value of PCM.

05 Token Distribution

WHITEPAPER

WHITEPAPER

01

One pager

02

Executive Summary

03

Whitepaper

roadmap

roadmap

Team & advisors

team & advisors

FounderDev & DesignMarketingManagingAdvisorSpecialist

Han Kim

CEO, Founder

- Korea Univ. Electrical Engineering - Former Software Engineer at LG CNS - Designed and Developed
Chatbot Service for Home Shopping (70% of market share)

Daniel Doohyun Han

Advisor

JungHyun Kim

Advisor

- Serial Entrepreneur, Angel Investor - Founder and CEO of WOOZOO shared house - Founder/CEO of
Delight (Acquired by DaewonPharm) - TNNATION Founder and CEO (Acquired by IOK Entertainment) - The
First Korean Member of the World Economic Forum’s Year of the Social Enterprenuer (2015) - Entrepreneur
of the Year by Forbes Korea (2013) - President Award of the Korea Human Resources Award (2011)